Money & Markets
Melman on Gold & Silver
May 2016 by Leonard Melman
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
Melman on Gold & Silver
The question of relentless government payouts continues to haunt the political system.
Melman on Gold & Silver
Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
Melman on Gold & Silver
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
Subscription Required:
The Bawl Mill
• Our Readers Say
• Ask The Experts
• Ask The Experts
• Ask The Experts
• Ask The Experts
• Think You Got It All? Guess Again!
• Nevada's Silver City Gold District -- Part II
• MMAC & PLP Update
• Hard Rock Prospecting With Rusty
• Drywashing in Black Canyon, Arizona
• Progress Continues in Honduras
• Mining Stock Quotes and Mineral & Metal Prices
Free:
Legislative and Regulatory Update
• Another Successful Gold Prospecting and Mining Summit